to finalise the Dairy Industry Adjustment Program by terminating the dairy adjustment levy, winding-up the Dairy Structural Adjustment Fund and terminating the Dairy Adjustment Authority. Also makes consequential amendments to the

Income Tax Assessment Act 1997

,

Remuneration Tribunal Act 1973

and

Social Security Act 1991

to remove references to the Dairy Industry Adjustment Program; repeals the

Dairy Adjustment Levy (Customs) Act 2000

,

Dairy Adjustment Levy (Excise) Act 2000

and

Dairy Adjustment Levy (General) Act 2000

which set the dairy adjustment levy rate; and includes a regulation-making power to make transitional arrangements.

to incorporate planning, facilitation and participation in the reform or privatisation of the Australian Dairy Corporation (ADC) and the Dairy Research and Development Corporation as an additional function of the ADC; and

Dairy Produce Act 1986

and

Farm Household Support Act 1992

to enable holders of Dairy Structural Adjustment Program scheme and Supplementary Dairy Assistance scheme entitlements to access a farm exit payment under the Farm Help Re-establishment Grant scheme.